Stock market indices close positive: Sensex soars 874 points, Nifty nears 17,400

Stock market indices close positive: Sensex soars 874 points, Nifty nears 17,400

Bank, pharma, auto, IT, power, realty and capital goods indices were up 1-2 percent

FPJ Web DeskUpdated: Thursday, April 21, 2022, 04:01 PM IST
article-image
At close, the Sensex was up 874.18 points or 1.53 percent at 57,911.68./ Representative image |

Benchmark stock market indices closed higher on April 22. Sensex ended 874 points higher while the Nifty closed at 17,392. Bank Nifty added 1.38 percent. Bank, pharma, auto, IT, power, realty and capital goods indices were up 1-2 percent. The BSE midcap and smallcap indices rose 1 percent each.

At close, the Sensex was up 874.18 points or 1.53 percent at 57,911.68.

The broader Nifty was up 256.10 points or 1.49 percent at 17,392.60. About 2,252 shares have advanced, 1,089 shares declined, and 96 shares were unchanged.

Among major gainers on the Nifty were Eicher Motors, Coal India, M&M, Maruti Suzuki and Adani Ports. Cipla, Hindalco Industries, Tata Steel, ONGC and JSW Steel were the laggards.

Global shares trade mixed

Global shares were mixed in choppy trading on Thursday as inflation worries and the war in Ukraine had investors partly optimistic while remaining cautious.

European shares were mostly higher in early trading. Benchmarks finished higher in Japan, South Korea and Australia, but declined in China, Reuters said.

Japan's benchmark Nikkei 225 jumped 1.2 percent to finish at 27,553.06. Australia's S and P/ASX 200 added 0.3 percent to 7,592.80.

South Korea's Kospi surged 0.4 percent to 2,728.21. Hong Kong's Hang Seng slipped 1.3 percent to 20,682.22, while the Shanghai Composite fell 2.3 percent to 3,079.81.

The US Fed has already announced a quarter-percentage point rate hike and Wall Street expects a half-percentage rate hike at its next meeting in two weeks.

(With inputs from Reuters)

RECENT STORIES

India’s LPG Consumption Soars 44% Since 2017, Import Dependence Remains High

India’s LPG Consumption Soars 44% Since 2017, Import Dependence Remains High

Centre Clears ₹7,280-Cr Scheme To Boost Rare Earth Magnet Manufacturing

Centre Clears ₹7,280-Cr Scheme To Boost Rare Earth Magnet Manufacturing

SEBI Eases Eligibility Norms: Graduates From Any Discipline Can Now Become Investment Advisers,...

SEBI Eases Eligibility Norms: Graduates From Any Discipline Can Now Become Investment Advisers,...

Ravelcare Launches ₹24-Crore SME IPO, Price Band Set At ₹123-130 Per Share

Ravelcare Launches ₹24-Crore SME IPO, Price Band Set At ₹123-130 Per Share

Stock Market Closing: Markets Bounce Back, Sensex Jumps 1,022 Points, Nifty Crosses 26,200,...

Stock Market Closing: Markets Bounce Back, Sensex Jumps 1,022 Points, Nifty Crosses 26,200,...